Galaxy Digital Inc. — Director's Dealing 2025

May 15, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Galaxy Digital Inc. (GLXY)
CIK: 0001859392
Period of Report: 2025-05-15

Reporting Person: Ferraro Christopher C (President and CIO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1437921	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$6.75	2028-03-29	Class A Common Stock (1000000)		Direct
Stock Options	$13.46	2029-03-27	Class A Common Stock (81319)		Direct
Stock Options	$16.45	2030-03-31	Class A Common Stock (409271)		Direct
Class B Common Stock	$		Class A Common Stock (4661001)		Direct

Footnotes

F1: Includes 270,035 shares of Class A Common Stock to be delivered in settlement of restricted share unit awards ("RSUs"). An RSU award was granted on March 29, 2023 where 57,987 are scheduled to vest on March 1, 2026. An RSU award was granted on March 27, 2024 where 59,400 are scheduled to vest on March 1, 2026 and 61,200 are scheduled to vest on March 1, 2027. 91,448 RSUs were granted on March 31, 2025 where 30,483 are scheduled to vest on March 1, 2026 and the remainder are scheduled to vest in equal quarterly installments thereafter (8 quarters). The RSU awards, in each case, are subject to continued service through the applicable vesting date.

F2: This option vests over three years from March 1, 2023, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.

F3: This option vests over three years from March 1, 2024, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.

F4: This option vests over three years from March 1, 2025, with 1/3 vesting on the each of the first three anniversaries of such date, subject to continued service through the relevant vesting date.

F5: Each share of Class B common stock will entitle its holder to one vote per share on all matters submitted to a vote of the issuer's stockholders. Initially, the issuer expects that the number of issued and outstanding shares of Class B common stock will be equal to the number of issued and outstanding LP Units of GDH LP not held by the issuer or one of its subsidiaries, and that such LP Units will be redeemable or exchangeable, on a one-for-one basis, for shares of Class A Common Stock.

F6: Conversion or Exercise price(s) represent Canadian Dollars